Aethlon Medical Correlations

AEMD Stock

USD 0.62 0.03 4.62%

The current 90-days correlation between Aethlon Medical and Talis Biomedical Corp is -0.37 (i.e., Very good diversification). The correlation of Aethlon Medical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Aethlon Medical Correlation With Market

Good diversification

The correlation between Aethlon Medical and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aethlon Medical and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aethlon Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For information on how to trade Aethlon Stock refer to our How to Trade Aethlon Stock guide.

Moving together with Aethlon Stock

0.83	ECOR	Electrocore LLC	Pair Corr
0.63	MYO	Myomo Inc	Pair Corr
0.79	GKOS	Glaukos Corp	Pair Corr
0.64	HSDT	Helius Medical Techn	Pair Corr

Moving against Aethlon Stock

0.74	XAIR	Beyond Air	Pair Corr
0.71	STE	STERIS plc	Pair Corr
0.7	DYNT	Dynatronics	Pair Corr
0.69	BVS	Bioventus	Pair Corr
0.47	ABT	Abbott Laboratories	Pair Corr
0.47	MDT	Medtronic PLC	Pair Corr
0.43	NXL	Nexalin Technology	Pair Corr
0.43	PHG	Koninklijke Philips Earnings Call This Week	Pair Corr
0.42	SNN	Smith Nephew SNATS	Pair Corr
0.39	ELUT	Elutia Inc	Pair Corr
0.37	QTI	QT Imaging Holdings Symbol Change	Pair Corr
0.77	WOK	WORK Medical Technology	Pair Corr
0.76	IINN	Inspira Technologies Oxy	Pair Corr
0.69	INMD	InMode	Pair Corr
0.56	VMD	Viemed Healthcare	Pair Corr
0.5	INBS	Intelligent Bio Solutions	Pair Corr
0.46	ZBH	Zimmer Biomet Holdings	Pair Corr
0.37	SYK	Stryker Earnings Call This Week	Pair Corr
0.33	TLSIW	TriSalus Life Sciences	Pair Corr

Related Correlations Analysis

	TIVC	TLIS	BJDX	HSCS	NUWE	BBLG	VVOS	RPID	RMED	SINT
TIVC		-0.1	0.16	-0.23	0.38	0.07	-0.2	0.18	0.0	-0.31	TIVC
TLIS	-0.1		0.31	-0.33	0.49	0.61	-0.59	0.13	0.0	-0.12	TLIS
BJDX	0.16	0.31		0.12	0.4	0.43	-0.31	-0.05	0.0	-0.33	BJDX
HSCS	-0.23	-0.33	0.12		-0.55	-0.46	0.7	-0.38	0.0	0.14	HSCS
NUWE	0.38	0.49	0.4	-0.55		0.68	-0.72	0.25	0.0	-0.48	NUWE
BBLG	0.07	0.61	0.43	-0.46	0.68		-0.78	0.02	0.0	-0.09	BBLG
VVOS	-0.2	-0.59	-0.31	0.7	-0.72	-0.78		-0.02	0.0	0.14	VVOS
RPID	0.18	0.13	-0.05	-0.38	0.25	0.02	-0.02		0.0	-0.26	RPID
RMED	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	RMED
SINT	-0.31	-0.12	-0.33	0.14	-0.48	-0.09	0.14	-0.26	0.0		SINT
	TIVC	TLIS	BJDX	HSCS	NUWE	BBLG	VVOS	RPID	RMED	SINT

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

VVOS	+ 0.7	HSCS
BBLG	+ 0.68	NUWE
BBLG	+ 0.61	TLIS
NUWE	+ 0.49	TLIS
BBLG	+ 0.43	BJDX
NUWE	+ 0.4	BJDX

High negative correlations

VVOS	- 0.78	BBLG
VVOS	- 0.72	NUWE
VVOS	- 0.59	TLIS
NUWE	- 0.55	HSCS
SINT	- 0.48	NUWE
BBLG	- 0.46	HSCS

Risk-Adjusted Indicators

There is a big difference between Aethlon Stock performing well and Aethlon Medical Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Aethlon Medical's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
TIVC	6.86	0.55	0.07	4.45	6.43	(11.39)	12.12	(9.68)	82.47
TLIS	4.85	(1.89)	0.00	5.08	0.00	0.00	5.32	(10.69)	68.77
BJDX	9.66	0.51	0.05	0.10	11.80	(10.68)	19.21	(16.37)	120.57
HSCS	3.64	0.28	0.06	(0.84)	3.90	(4.32)	7.12	(7.37)	39.74
NUWE	7.76	0.51	0.05	0.68	10.06	(9.50)	13.26	(17.65)	141.14
BBLG	3.66	(0.78)	0.00	(0.67)	0.00	0.00	7.75	(8.18)	21.45
VVOS	4.36	1.21	0.26	(6.61)	3.77	(5.49)	10.55	(6.90)	20.77
RPID	3.79	0.83	0.17	0.81	4.05	(4.41)	8.89	(6.25)	26.30
RMED	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SINT	6.51	0.53	0.07	0.39	7.72	(7.54)	15.59	(11.90)	84.59

Aethlon Medical Corporate Management

Richard Tullis	Chief Science Officer and VP	Profile
MBA BS	Chief Officer	Profile
MD Fisher	Director CEO	Profile
Steven MD	Chief Officer	Profile
Lee Arnold	Chief Officer	Profile
Sunil Sawhney	Head Studies	Profile

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